NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following

EcoCash Holdings reported a 185% surge in deposits to ZWG1.37 billion for the six months ended August 31, 2024, compared to ZWG483 million in the corresponding 2023 period. This significant growth wa

First Capital Bank has posted a solid third-quarter performance, driven by a restructuring exercise aimed at enhancing its operating model. In the banking sector, restructuring refers to the process

EcoCash Holdings has reported an 80% increase in revenue for the quarter ended 30 November 2024 from a decline of ZWG 5 billion in the six months ended 31 August 2024 due to improved operational effic

CBZ Holdings, Zimbabwe's leading financial institution by deposit base and asset portfolio, has initiated a workforce optimisation strategy, resulting in the retrenchment of 347 employees. This decis

First Capital Bank, Zimbabwe’s renowned financial services outfit, has achieved a remarkable feat in the first quarter of 2025, with non-performing loans (NPLs) plummeting from 7% in Q1 2024 to 3.66%

People’s Own Savings Bank (POSB), Zimbabwe’s state-owned financial institution, has ventured into real estate as part of a hedging strategy against the country’s volatile economy, according to its lat

CBZ Holdings, Zimbabwe’s largest bank by assets, and deposits, has reported a significant surge in non-funded income, rising from ZWG 1.5 billion in the first half of 2024 to ZWG 1.9 billion in the fi

ZB Financial Holdings, a diversified financial arm listed on the Zimbabwe Stock Exchange (ZSE), has reported a remarkable 123% increase in profit after tax for the half-year ended 30 June 2025, rising

ZB Financial Holdings, Fusion Essence, Life Central, digital transformation, core banking system, insurance system, Smile Cash, financial inclusion, Zimbabwe banking, ESG strategy,

FBC Holdings Limited has embarked on a strategic transformation, shifting its revenue base away from volatile hedging and investment revaluation gains toward sustainable core income streams, signallin

NMBZ Holdings Limited has expanded its loan book by 18% to ZWG 3.42 billion in the half year to 30 June 2025, up from ZWG 2.91 billion in December 2024 according to the latest half year financial resu

First Capital Bank, a premier financial institution in Zimbabwe, has disbursed USD 2.1 million in ESG-linked lending to empower women, youth, and underserved communities in the half-year ended 30 June